Neartown - Montrose Retail Space For Lease

Neartown - Montrose

Market Report

Number of Listings For Lease
Posted in the last 90 days
25
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
460

Neartown - Montrose Commercial Real Estate

Find Neartown - Montrose commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Neartown - Montrose commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Neartown - Montrose Rates

Most commerial real estate listings for lease are in the $40's per square foot per year. The Neartown - Montrose region is seeing a a boost in rates. In the last 3 months, the median rate for lease rose $17 per sqft per year. That's a 56% rise in rent.

Compared to the rest of the Houston Metro commercial real estate market, the Neartown - Montrose region has higher rates for rent, and you may need to make a great offer to be in this hot submarket.

Neartown - Montrose Listing Supply

In the last 90 days, 146 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 460 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built around 1974 and are Class C.

Neartown - Montrose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Neartown - Montrose residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Neartown - Montrose.
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